TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Sterllo powers next-gen core banking for global fintech growth

    Sterllo is emerging as a next-generation core banking infrastructure designed to power the rapid expansion of digital finance across a global market increasingly valued at over $25 trillion in financial services activity. As fintech companies, neobanks, and embedded finance providers scale across regions, the need for flexible, cloud-native, and API-driven core banking systems has become…

  • CcHUB opens private startup offices at the Lagos headquarters expansion.

    Nigeria’s leading innovation and technology hub, CcHUB, has expanded its Lagos headquarters by introducing its first private startup offices, marking a new chapter in the organization’s mission to support entrepreneurs and strengthen Africa’s growing technology ecosystem. The expansion reflects increasing demand from startups seeking dedicated workspaces while remaining connected to a collaborative innovation community. Since…

  • The Startup Building Wealth from a Lagos Duplex

    Tucked away inside a modest duplex in Lagos, Nigerian wealth-tech startup Cowrywise is quietly pursuing an ambitious mission: helping millions of Africans build long-term wealth. With a team of just 11 people—described by insiders as “priests” devoted to the company’s vision—Cowrywise is attempting to construct what could become one of Africa’s most influential financial platforms.…

  • Nigeria’s Telecom Boom, One Recharge at a Time

    Every time a Nigerian buys airtime, renews a data plan, or makes a mobile call, they contribute to one of the country’s most influential industries. Behind millions of daily recharges lies a telecommunications sector that generated approximately $5.8 billion in revenue, powering connectivity, digital services, and economic growth across Africa’s largest economy. Over the past…

  • Spiro Strengthens EV Market Position with $215M

    African electric mobility company Spiro has secured $215 million in fresh equity financing, strengthening its position in the rapidly growing electric vehicle (EV) market and highlighting increasing investor confidence in Africa’s clean transportation future. The funding round, backed by institutional investors from Africa and Europe, marks one of the largest investments in Africa’s electric mobility…

  • Paystack MFB Absorbs Brass in Strategic Business Banking Integration

    Nigerian business banking startup Brass has merged its operations into Paystack Microfinance Bank (Paystack MFB), marking a significant development in the country’s fintech sector and signaling a broader consolidation trend among financial technology companies serving small and medium-sized enterprises (SMEs). The move follows Paystack’s acquisition of Brass through a Paystack-led investor consortium in 2024. The…